Evergreen Launches Another Asia/US Service

Friday, February 24, 2006
Following congestion on the US West Coast towards the end of 2004, the pressure has been on carriers to launch additional services via the Panama Canal. The Evergreen Group has responded to this challenge by introducing new services of its own and complementing these with slot charter arrangements with other carriers.

Together with Cosco Container Lines (Coscon), Evergreen Marine Corporation (EMC) is launching a new service linking China with the southern states of the US. Designated the CUE service, it will link the ports of Shanghai, Yantian and Hong Kong with Evergreen’s Panamanian hub terminal, Colon Container Terminal (CCT), Savannah and Miami. Over CCT, Evergreen offers established feeder links to ports in Central America, the Caribbean and the north and west coasts of South America.

Using nine ships, each of around 2,700 TEU, five from Evergreen and four from Coscon, the CUE service will be operating a regular weekly schedule with effect from May but the first sailings will commence on an ad hoc basis in mid March, augmenting Evergreen’s existing Asia – US East Coast services.

Evergreen Group companies Lloyd Triestino (to be renamed Italia Marittima with effect from 1 March 2006) will also have slot allocations on the CUE service.

According to EMC’s President, Arnold Wang, the new CUE service will enhance the company’s network from the Far East to the US East Coast and Gulf area, providing sufficient slots for customers in the coming peak season:

“We believe that the West Coast may again suffer congestion in 2006 and so, together with Coscon, we are taking action now. This will allow our customers to revise their supply chain arrangements ahead of any possible problems that they may anticipate later in the year.”

The Evergreen Group already offers four direct services between Asia and the US East Coast, namely EMC’s NUE pendulum service that links Asia with North Europe via the Panama Canal and the US East Coast; two end-to-end schedules, EMC’s AUE and LT’s AUX services; and a slot share agreement with the New World Alliance, the NYX service.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

China COSCO to be First through the Expanded Panama Canal

China COSCO Shipping has won the draw for its container vessel Andronikos to make the ceremonial first transit through the Expanded Panama Canal during the waterway’s inauguration on Sunday, June 26.

Sellick Equipment to Open New Facility

On April, 20, 2016, at the young age of 97 years, Walter Sellick along with sons Howard Sellick - President, David Sellick - Vice President and grandson Colin Sellick - Systems Manager,

Asia Tankers-VLCCs Rates Ease as Tanker Jams Fade

Port congestion eases at Basra and Chinese ports; tanker demand set to expand on lower oil prices. Freight rates for very large crude carriers (VLCCs), hurt by slower-than-usual release of cargo,

Container Ships

Drug Interception at Red Hook Container Terminal

Approximately 121 pounds of heroin and eight pounds of cocaine were discovered in a shipping container of vegetables that was moving from Ecuador to Miami, Fla.

China COSCO to be First through the Expanded Panama Canal

China COSCO Shipping has won the draw for its container vessel Andronikos to make the ceremonial first transit through the Expanded Panama Canal during the waterway’s inauguration on Sunday, June 26.

EU Clears CMA CGM, NOL Merger, with Conditions

The European Commission said on Friday it had cleared French shipping group CMA CGM's $2.4 billion takeover of Neptune Orient Lines on condition that NOL pulls out from a rival shipping alliance.

 
 
Maritime Contracts Maritime Security Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0859 sec (12 req/sec)